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US-Iran conflict costs $2T globally
The US-Iran conflict and the closure of the Strait of Hormuz have caused global economic losses estimated at around two trillion dollars annually. The confrontations have led to disruptions in energy markets, with oil prices exceeding $100 per barrel, affecting the exports of involved countries. Both the United States and Iran have incurred significant losses, with military costs nearing $50 billion, and the Iranian economy suffering damages valued at $270 billion. Experts also expect that this crisis will continue to impact global economic growth and inflation.
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